Ex-farm workers deserve compensation: War vets

Ex-farm workers deserve compensation: War vets By Newsday.Co.Zw – September 23, 2020 BY SILAS NKALA WAR veterans and labour activists have urged government to channel part of the US$3,5 billion meant to compensate white former commercial farmers towards ex-farm workers who lost their sources of livelihood and property during the chaotic land reform programme. A recent United …

Employee social protection under threat . . . NSSA contribution base shrinks

Employee social protection under threat . . . NSSA contribution base shrinks Chronicle 17/9/2020   NSSA building Prosper Ndlovu, Business Editor THE National Social Security Authority (NSSA) says its contribution base for pension benefits and accident compensation scheme is shrinking amid growing informalisation, which is being compounded by labour migration and replacement of human skill …

Govt unveils foreign currency income tax thresholds

Govt unveils foreign currency income tax thresholds Herald 14/9/2020   Minister Ncube Business Reporter Treasury has unveiled foreign currency denominated income tax bands that will see the tax free threshold pegged at US$350 while the highest bracket will be for those earning more than US$15 000 per month, who will be taxed at 40 percent. …

Role of Zim Investment and Development Agency

Role of Zim Investment and Development Agency  Herald 10/9/2020   Zimbabwe Investment and Development Agency Godknows Hofisi The Zimbabwe Investment and Development Agency (ZIDA) was established in terms of the Zimbabwe Investment and Development Agency Act (Chapter 14:37), “ZIDA Act” or “the Act”. The Act was published in the Government Gazette in February 2020, becoming …

Deduction of input tax

Deduction of input tax  Herald 10/9/2020   It is important to note that the deductions are only permissible when one holds a valid tax invoice Value Added Tax (VAT) is an invoice based tax. The tax invoice generated on both cash and credit transactions is the source document. Registered operators are allowed to deduct the …

Mining in parks, rivers banned

Mining in parks, rivers banned Herald 9/9/2020   Minister Mutsvangwa Herald Reporter GOVERNMENT has immediately banned mining activities in national parks and rivers under stringent new regulations unveiled last night. Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa announced the ban during the post-Cabinet media briefing. “Mining on areas held by National Parks is banned …

Covid-19: Flights resume, bottle stores reopen

Covid-19: Flights resume, bottle stores reopen Herald 9/9/2020   Minister Mutsvangwa Herald Reporter Domestic and international flights are set to resume, but with all passengers tested for Covid-19 within 48 hours before they travel, while bottle stores can reopen under strict rules as the Government continues to relax the economy following success in containing Covid-19   …